HARTALEGA HOLDINGS BHD

KLSE (MYR): HARTA (5168)

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Last Price

2.71

Today's Change

+0.02 (0.74%)

Day's Change

2.69 - 2.77

Trading Volume

8,300,400


14 people like this.

33,395 comment(s). Last comment by Chipee 1 day ago

Posted by GoldenHarvest1 > 2020-10-22 01:13 | Report Abuse

Five South Korean citizens die after flu shots, triggering vaccine concerns

https://www.theedgemarkets.com/article/five-south-koreans-die-after-getting-flu-shots-sparking-vaccine-fears

Gargoth

179 posts

Posted by Gargoth > 2020-10-22 09:03 | Report Abuse

Brazil reversed its decision

Mabel

23,567 posts

Posted by Mabel > 2020-10-22 09:04 | Report Abuse

Nice and lovely...

Fantastic Four is back on track...

Meow Meow Meow Meow

Gargoth

179 posts

Posted by Gargoth > 2020-10-22 09:19 | Report Abuse

Brazil reversed its decision in buying china vaccine

Posted by NoNonsenseHere > 2020-10-22 09:20 |

Post removed.Why?

roger1138

156 posts

Posted by roger1138 > 2020-10-22 09:27 | Report Abuse

Fantastic. Throw Harta, Buy SM

Allenlee

603 posts

Posted by Allenlee > 2020-10-22 09:35 | Report Abuse

https://www.klsescreener.com/v2/news/view/743283
Not far from the period of explosive growth of Covid-19 in the US and Europe

PZOGRO

1,052 posts

Posted by PZOGRO > 2020-10-22 09:37 | Report Abuse

GOLDENLUCK16. CAN ADVISE WHEN WOULD HARTA CW EXPIRE SOON ALSO? XD

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-22 09:42 | Report Abuse

https://imgur.com/KVsaLxJ

https://imgur.com/cEk679H

All warrants on KLSE. Please refer for your own good. Prices of the mother share of each 'Underlying' equity will reflect the reflect the warrant Exercise value (And the Hedge in some cases). Literally, you do NOT own your life, the IBs do. The Creeps.

PZOGRO

1,052 posts

Posted by PZOGRO > 2020-10-22 09:51 | Report Abuse

THXS MORPHY61. HARTA C35 IN THE MONEY. EX ON 27 NEXT WEEK. X D

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-22 09:55 | Report Abuse

PZOGRO, yes. That's why they pushing the price down. If it's in anybody's power please push it back up. Let the IB burn.

Posted by joesephlim > 2020-10-22 10:04 | Report Abuse

I must congratulate brave hearted Harta supporters for doing dip buying since yesterday and early morning trade below the 18.00 ringgit as the primary trend of Harta short term is still intact and unchanged as small abberation resulting in minor pullback is not an issue for the next advance.
My first target Harta to date is 21.10 ringgit for profit taking round.
Medium to Long term I have a higher target to 27.50 ringgit first half 2021 on humongous earnings visibility for the 12 months or so.
Investors just need to follow the upward trend which is your friend until it bends!!!
Due diligence is warranted!!!

Mabel

23,567 posts

Posted by Mabel > 2020-10-22 10:22 | Report Abuse

Meow joesephlim !

You are a real Darling..

Bursa Trade Statistics:
Local Institutions (44.0%): -RM9.4m
Local Retail (40.6%): +RM172.1m
Foreign (15.4%): -RM162.7m

Yesterday Gloves Sell Off are by the Foreign Fund and Local Institution. Sell on vaccine news since they don't know what they are doing...

Local Retailers (all of us loyalist who has done their homework) were the Net Buyers from yesterday panic sell off because we know what we are doing.

Today all Gloves Fantastic Four make a very strong rebound!

Well done everyone!.

Meow Meow Meow Meow

cax1814

104 posts

Posted by cax1814 > 2020-10-22 10:43 | Report Abuse

Harta hold long term. U won’t regret!

cax1814

104 posts

Posted by cax1814 > 2020-10-22 10:46 | Report Abuse

Yesterday big drop, I go to sleep.
See, today climb up again.
No need worry to hold long term, COVID 19 story still long long to go !

Mabel

23,567 posts

Posted by Mabel > 2020-10-22 10:51 | Report Abuse

If it’s too hard to estimate the probabilities of the events or the likelihood of favourable outcomes is too low, that’s when we should take a step back and move into the next opportunity. The best poker players are able to do this very well. They bet heavily when the odds are in their favour( after doing their homework), otherwise, they don’t bet at all.

This is what the team here is doing...

Meow

cax1814

104 posts

Posted by cax1814 > 2020-10-22 11:18 | Report Abuse

See go back to 18.50 !
Now buy glove and medic share daily movement is very big, but if u think another coming 6 months to 12 months, what share u can buy then u will steady and cool down ....

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-22 13:57 | Report Abuse

RM 13 BILLION !!!

The amount of money raised from issuing warrants. And that's only for roughly one and a half to 2 years(Most Recent). Amazing !!!

https://imgur.com/4NvuO85

https://imgur.com/gXzGjDR

https://imgur.com/rEjkKqU

Posted by NoNonsenseHere > 2020-10-22 14:21 |

Post removed.Why?

roger1138

156 posts

Posted by roger1138 > 2020-10-22 15:01 | Report Abuse

What is happening? All glove shares sliding down.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-10-22 15:08 | Report Abuse

harta babi

Keyman188

5,968 posts

Posted by Keyman188 > 2020-10-22 15:44 | Report Abuse

Why so fumble !!!....

Harta already moved up from 11.54 to 19.24 lorrr....

almost appreciated by 67% just within a month......

What can you expect...kekeke...kekeke...

All "Players" already run liao....

Posted by Pgraduate123 > 2020-10-22 15:47 | Report Abuse

I dun understand news abt vaccine.... The news stated Korean people dies from the flu shot, no effective vaccine, USA out of control, Europe hospitals on the brink....... How on earth people interpret these vaccine news as Bad for gloves???? Real donkeys.
News abt vaccine in English means got confirmed vaccine, millions took it and no side effects...covid is gone... That's vaccine news La!!

kd88

203 posts

Posted by kd88 > 2020-10-22 16:49 | Report Abuse

AstraZeneca COVID-19 vaccine trial Brazil volunteer dies, trial to continue

Thunder96

17 posts

Posted by Thunder96 > 2020-10-22 22:51 | Report Abuse

https://covid19.who.int/?gclid=Cj0KCQjw28T8BRDbARIsAEOMBcwD6SE-TTFk9uA...

WHO new case daily make new record high today, 423,819 new case today, you can see from chart when the daily case spike new high glove counter will fly.
22/10/2020 10:51 PM

Posted by immobile45 > 2020-10-22 23:50 | Report Abuse

corruption is good

Mabel

23,567 posts

Posted by Mabel > 2020-10-23 07:36 | Report Abuse

@universeck 1) Already mentioned earlier to wait till end Oct or early Nov before reenter. Let those warrants expire first. Why want to knock you head knowing IBs will press down the price?

2) The sell down in glove counters had nothing to do with vaccine availability affecting glove demand. Look at no glove Mah Sing price holding firm despite run up in the past few days. It would have crashed too if demand for glove really decimated. Reason Mah Sing did not drop is because there are no warrants expiring on the counter and no IB manipulating the price.

3) Take this opportunity to collect if price drop more tomorrow. First gen vaccine efficacy is only 50% ie 50% of the population will still get infected if exposed. Hospitals will still implement the same strict SOP and glove usage will still remain elevated till at least 2022.

4) Contra kaki stay away from gloves if you cannot invest long term. This is a long term business. Those who bough just hold on long term. The peak for glove price has yet to come.

5) Avoid CWs when you see the mother share rising steeply and the CWs in the money. You may think you spotted a good deal and other investors are dumb to buy mother share instead of warrant. Just wait till IB press down the price and you lose all money in the CW. You will know who is dumb in the end.

6) Stay away from the wannabe new glove comers. By the time they completed the factory, pandemic might be under control by 2022 and price normalising. The big 4 with low cost advantage can survive and press down the price to push the new entrants out of business. This is not the first time glove industry going through boom and bust. Only the fittest will survive and the new ones are unlikely to be around for long. Just look at the new face mask manufacturers closing down one after another. Only the old boys still remain strong. Same will happen to gloves here.

7) Harta has the lowest cost among the big 4 before the pandemic. Topglove is chasing up with automation and cost reduction but due to difference in ASP, it's hard to tell if Topglove will eventually be on par with Harta in term of cost per unit glove. Supermax will be the highest margin due to OBM but doubt it's doing enough to cut down cost.

8) Look beyond 2022 when pandemic is brough under control and price normalising. It will not come back down to pre crisis level as era of cheap labour is over and glove companies will pay more to foreign workers to avoid being accused of forced labour

9) Sri Trang is playing dirty tricks to hit Malaysian glove manufacturers. The current issue with US CBP was due to their instigation. Magma should hit them back. Sri Trang factories are likely staffed by illegals from Laos and Myanmar living in worse conditions.

Hope all make more money. Cheers!
21/10/2020 10:48 PM

Thank you universeck !

You are another great Darling!

Same to you too!

Meow

Posted by GoldenHarvest1 > 2020-10-23 08:37 | Report Abuse

AstraZeneca shares slide after Brazilian health authority says volunteer in covid-19 study dies

https://www.cnbc.com/2020/10/21/astrazeneca-shares-slide-after-brazilian-health-authority-says-volunteer-in-covid-vaccine-study-dies.html

MrJ888

23 posts

Posted by MrJ888 > 2020-10-23 09:00 | Report Abuse

Goldenharvest have you read the full report of the decease candidate ? the candidate is randomise into placebo arm during the trial is carry out. the candidate didn't get the active ingredient of the vaksin during the trial. Placebo medication is non active ingreident. and the decease pass away due to covid 19 complication

PZOGRO

1,052 posts

Posted by PZOGRO > 2020-10-23 09:08 | Report Abuse

ALL BIG4 EXCEPT HARTA ALREADY SELLDOWN MORE THAN 10%-15%. HARTA LIKELY TO FOLLOW ALSO. I THINK TODAY OR NEXT WEEK MAY BE GOOD BEST BUY!! GG!

whenarmada

144 posts

Posted by whenarmada > 2020-10-23 09:40 | Report Abuse

Vaccination news keep haunting glove counters. earning result could be secondary. and the reality is, glove consumption will be reduced in 2022. invest only when it has big profit taking

Posted by NoNonsenseHere > 2020-10-23 13:23 | Report Abuse

-
"gLoVe Is A BubbLE" "wiLL BuRsT"
Burst what? You can lie but the numbers never lie.

Gloves going to burst?

Glove supply will not meet demand in next three years
https://www.theedgemarkets.com/article/glove-supply-will-not-meet-demand-next-three-years-says-hartalega-executive-chairman

The Big 4 Glove companies can't even meet the demand for the next 3 YEARS.
Meanwhile, hotels will remain closed for years, airlines have nowhere to go to and banks CANNOT lend.

Genting LOST RM786 million in one quarter and will continue to incur losses.
Supermax GAINS RM1 billion (28 Oct QR expected) in one quarter and will continue to grow.

Maybank market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits.
Fantastic.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Posted by NoNonsenseHere > 2020-10-23 13:49 | Report Abuse

-
Harta only made 220 million last quarter. Supermax made 400 million last quarter.
Next week, Supermax projected profits are RM1 billion but Harta's next quarter expected to do only RM500 million.

Supermax always has TWO TIMES the profits of Harta. But Harta's market cap is TWO TIMES larger than Supermax. Says something. Supermax is a growing company.

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2020-10-23 13:50 | Report Abuse

NoNonsense. Harta is head of glove when supermx was no nothing. nice talking down harta to boast your own supernx position. but rest assured if harta go down. supermx will go down in x2 speed.

gemfinder

6,880 posts

Posted by gemfinder > 2020-10-23 13:50 |

Post removed.Why?

Posted by NoNonsenseHere > 2020-10-23 13:54 | Report Abuse

@gemfinder
ASP will be strong for the next few years.
According to Harta boss, glove supply will not meet demand in next three years
https://www.theedgemarkets.com/article/glove-supply-will-not-meet-demand-next-three-years-says-hartalega-executive-chairman

Supermax is STRONG because it is a marketing GENIUS. Look at their Canadian websites.

Supermax's Own Brand Marketing in North America:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Supermax is like Apple and Samsung. Harta is like Nokia. Hate to say it but it looks that way.

Posted by smallfellow > 2020-10-23 14:51 | Report Abuse

The underlaying concept of warrants is it is to be used as a risk management tool to protect against fluctuations in the price of the mother share. In other words fluctuations in the mother share price will effect the price of the warrant. BUT in the last few years it seems to have gone the other way. The warrant price seems to dictate the price of the mother share!!! The banks have issued huge amounts of warrants and they are in it to make money and they have a big war chest to manipulate the price of the mother share to suit their exposure in the warrant market to ensure they make a profit. We shall see come the beginning of November when some of the CW expire to see if the share price of Harta go up or not.

roger1138

156 posts

Posted by roger1138 > 2020-10-23 15:06 | Report Abuse

Do not worry. Next week will be cheaper.

roger1138

156 posts

Posted by roger1138 > 2020-10-23 15:15 | Report Abuse

Somebody selling Hafta to buy Supermax.

roger1138

156 posts

Posted by roger1138 > 2020-10-23 15:31 | Report Abuse

Volume so low. No interest in Harta. Better buy next week when it is lower.

roger1138

156 posts

Posted by roger1138 > 2020-10-23 16:32 | Report Abuse

Heavy selling at 17.20

moven00

727 posts

Posted by moven00 > 2020-10-23 16:57 | Report Abuse

Lower Low...hati hati kawan2....biar shark Dan Agen support Sudah.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2020-10-23 17:22 |

Post removed.Why?

Posted by NoNonsenseHere > 2020-10-23 19:17 | Report Abuse

Careplus' EPS increased from 6.70 to 8.00. Careplus EPS only increased by 1.30
Careplus EPS is really TOO LOW for a growing company.

Supermax's EPS increased from 5.42 to 30.58. Supermax's EPS increased by 25.16
Next week QR expected to do EPS 37.
Supermax seriously on another level

roger1138

156 posts

Posted by roger1138 > 2020-10-23 19:32 | Report Abuse

Harta QR results would not be higher than Supermax so better sell Harta and buy Supermax.

Posted by NoNonsenseHere > 2020-10-23 19:38 | Report Abuse

-
Supermax is expected to do RM1 billion PAT next week's QR.
That translates into EPS 74 before the bonus issue.

Since it's after the bonus issue now, it is EPS 74 ÷ 2 = EPS 37

Find me a company that can do EPS 74 in ONE QUARTER like Supermax.

Harta's previous quarter was EPS 6.49

EPS 74 vs EPS 6.49

You decide.

karimboss

1,168 posts

Posted by karimboss > 2020-10-23 19:39 | Report Abuse

What 1B also no use. Nx week tsunami mari lo

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